
Cheap Homes for Rent in Frankfort, IN from $700 (10 Rentals)
Cheap Homes in Frankfort.


1558 E Morrison St

11748 Silver St

101 S Main St

732 S 26th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

754 S 2nd St

1310 Millerwood Ct

1310 Millerwood Dr

1611 Grove St

103 Franklin St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Frankfort, IN Local Guide

How much does it cost to rent a home in Frankfort?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Frankfort 2 Bedroom Homes for Rent | $1,078 | $850 | $1,375 |
Frankfort 3 Bedroom Homes for Rent | $1,835 | $995 | $3,500 |
Frankfort 4 Bedroom Homes for Rent | $1,448 | $700 | $2,100 |
Frankfort 5 Bedroom Homes for Rent | $1,900 | $1,900 | $1,900 |
Browse Top Homes for Rent in Frankfort
Explore Frankfort
Frankfort, IN Local Guide
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Cheapest Available Frankfort Apartments for Rent and Nearby
 The cheapest available apartment rental in Frankfort, IN is a 1 Bed unit found at Pheasant Run in the Downtown Lafayette neighborhood priced from $822. Nickel Plate Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Frankfort apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pheasant Run | The Pheasant 1 BR 1 BA | 1BR,1BA | $822 |
Nickel Plate Flats | Caruso | 1BR,1BA | $875 |
Village Square Apartments | 1x1B | 1BR,1BA | $878 |
Best Value Apartments for Rent in Frankfort, IN and Nearby
As of May 09, 2025 the best value apartment in the Frankfort area is the $1.39 price per square foot Grand - Garage Included Model at Avalon Bluffs in the starting from $2,200. The second greatest value Frankfort apartment is the 3 Bedroom 2.5 Bathroom The Lawrence Model at Honor Meadows Owner LLC starting at $1,999 with a $1.36 price per square foot in the Lebanon Whitestown neighborhood. Here is today’s list of the best values for Frankfort apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Avalon Bluffs | Grand - Garage Included | 3BR,2BA | $1.39 |
Honor Meadows Owner LLC | 3 Bedroom 2.5 Bathroom The Lawrence | 3BR,2.5BA | $1.36 |
Sagamore Winds Apartments | 2 Bed/2 Bath B | 2BR,2BA | $1.38 |
1055 Delphi Ave, Unit 1055 | 1055 Delphi Ave | 2BR,1.5BA | $1.12 |
Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1.14 |
Parkview of Lebanon | Thompson | 2BR,1BA | $1.40 |
Georgetown South | 1 Bedroom | 1BR,1BA | $1.19 |
Cross Winds Apartments | 1x1 800 Sq Ft | 1BR,1BA | $1.25 |
Village Square Apartments | 1X1B R | 1BR,1BA | $1.32 |
Nickel Plate Flats | Caruso | 1BR,1BA | $1.24 |
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Frequently Asked Questions about Frankfort
What type of rentals are currently available in Frankfort?
There are currently 61 Apartments for Rent in Frankfort, IN with pricing that ranges from $600 to $3,366. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $700 to $3,500.
What is the current price range for Rental Homes in Frankfort?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Frankfort ranges from $700 to $3,500 with an average monthly rent of $1,420.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.